Skip to main content

tv   Cavuto Live  FOX News  March 23, 2024 7:00am-8:00am PDT

7:00 am
♪ but i cast no stones. will: cody jinxes, change the game. he just plaid outlaws and mustangs. go get it. that's real country music, right? if. rachel: it sure is. we're fans, big fans. >> thank you. rachel: i noticed, by the way, that you gave him a guitar pick. will: yes. rachel: he's super manly, he gives friendship bracelets -- will: well, we did, show 'em your tattoo, cody. show 'em your knuckles. 1980, so i got my own, sherman, texas, 1975. rachel: rachel did the tattoos. will: that does it, we're best friends. [laughter] rachel: all right. bye, everybody. see you tomorrow. will: see you tomorrow. ♪ ♪ neil: folk on top of a world still in shock in moscow, four
7:01 am
suspected gunmen arrested after an attack on a concert hall. isis taking credit for the shooting rampage that has a left at least 133 dead and vladimir putin vowing revenge especially for if anyone responsible, they will be fully punished. then to london where news of princess kate's cancer diagnosis has the world watching and worrying. >> in january i underwent major abdominal surgery in london, and at the time it was thought that my condition was noncancerous. the surgery was successful. however, tests after the operation found cancer had been present. my medical team, therefore, advised that i should undergo a course of preventive chemotherapy, and i'm now in the early stages of that treatment. this, of course, came as a huge shock, and william and i have been doing everything we can to process and and manage this privately for the sake of our young family.
7:02 am
neil: the 42-year-old british royal undergoing what her doctors call preventative chemotherapy for cancer, but at this hour we till don't know exactly what type of cancer. ditto, her father-in-law, king charles, also battling an unspecified cancer, promising kate the love and support of the whole family. we're going to talk to top doctors on what we know of kate's condition and top royal watchers on what they know of the monarchy's condition as wellful all of that and the crazy condition of the united states government avoiding a shutdown in the wee e hours of the night. lights stay on for washington even though it could be lights out for the speaker of the house. we report, you just might want to hide. ♪ ♪ neil: welcome, everybody, or i'm neil cavuto. we, of course, will give you the latest on the politicians. first, to the story about a true princess and a world worrying and very much caring. stephanie bennett with the latest now from london.
7:03 am
stephanie? >> reporter: neil, good morning. yeah, you're exactly right. the details are still very limited at this time. we're not sure what type of cancer or what stage it's at, but here at buckingham palace, there are hordes of people coming in and wanting to give their well wishes to the princess, a lot of them coming up and asking if they can deliver flowers and that kind of thing. the 42-year-old princess rell revealed access in the early stages of that treatment. you may remember back on january 17th she'd undergone a planned successful abdominal surgery which at the time they believed her condition was nonif cancerous. however, further tests found cancer had been present. now, in her video message she says that he is getting stronger every day and praises her husband william for being a great source of comfort and reassurance. >> but most importantly it has taken us time to explain everything to george, charlotte and louis in a way that's appropriate for them and the reassure them that i'm going to be okay.
7:04 am
as i've said to thernlg i am well. at this time i'm also think of all those whose lives have been affected by cancer. for everyone facing this disease, in whatever form, please do not lose faith or hope. you are not alone. >> reporter: and king charles says he is so proud of catherine for her courage in speaking and has remained in the closest contact with his beloved daughter-in-law throughout the past few weeks. and kate's brother james took to instagram to share a childhood photo from a hiking trip saying, quote, over the years we have climbed many mountains together. as a family, we will climb this one with you too. hashtags including we love you catherine, and get well soon, catherine, are trending on x while political leaders, celebrities and cancer survivors are also sending messages of support. u.k.'s prime minister says she has been subjected to intense scrutiny and has shown incredible bravery with her statement. the princess of wales says she
7:05 am
is looking forward to getting back to work as wickly as possible and when she is able to, but for now if she needs to focus on her recovery and her family. neil? neil: thank you for that. stephanie in london. i want to go to lucas tomlinson at the white house. our president and leaders all over the world sharing their same concern for the princess. lucas. >> reporter: that's right, neil. the from press briefing here at the white house -- the press briefing was delayed so the print access of wales could make that announcement, and then karine jean-pierre if took to the podium. >> our thoughts are with the duchess of cambridge and her family members and friends during this incredibly difficult time. and certainly, we wish her a full recovery, and i think it's important that we respect their privacy especially at this time. so i'm not going to go further, further than that. >> reporter: now, some in the british press, neil, are slamming the white house for botching princess kate's title saying she should be addressed
7:06 am
as the princess of wales since her husband is next in line for the throne. president biden taking to x saying we pray for your full recovery, princess kate. the first lady posted, quote: you are brave and we love you with. signed, jill. lawmakers were a little busy friday trying to keep the government open and trying the pass a new budget. we did hear from the daughter of john mccain, a famous aviator many vietnam, meghan mccain saying, quote, america is sending princess kate and the entire royal family strength and support in this challenging time. princess kate has always been the epitome of class and grace, never more so than now. everyone at fox wishes the princess and her family a speedy recovery. neil? neil: indeed. she's a classy lady. classy family. i hope it all works out. richard fitzsimmons and on what happens for the royals when it
7:07 am
comes at a time when there have been a number of crises brought the light. richard a, this one, you know, when i looked at this video statement, she actually taped it last wednesday, and then the world saw it and reacted to it on friday. but tell us about it. >> i think the timing of it was especially to insure that the children's first day from their holidays, that was the essential message in this, that family came first and that she was fighting -- [inaudible] but also knowing that she had this support on this very, very difficult journey. a shock, i had to say, for those in the country who are fellow sufferers, and she knew the res- [inaudible] and then britain, the commonwealth and the wider world because she is an international figure as your reporters have shown is.
7:08 am
i mean, there's absolutely no question. comes against the background of weeks of rumor, speculation, absolutely bizarre posts on line. and it's been -- she's been in the eye of the hurricane. neil: i wonder too whether there's any collective guilt from the part of the media there as a result of jumping to crazy rumor and gossip without check ing it out? i guess that is expected. it's not just unique to britain, so i should apologize there. but what did you make of that and what you can expect now out of the same press? >> well, what we can expect now is obviously no return foreseeably for royal engagements either from king charles who, of course, is undergoing treatment for cancer as well. it's all completely -- it's an extraordinary situation, and the fact that we were hoping to see catherine functioning in mid april, i mean, that clearly will
7:09 am
be postponed, and i don't think any dates are being set. indeed, it's an absolute nightmare here for royal planners because, of course, the monarchy does take over, so to speak, with royal engagements not to mention royal trips abroad manned months in advance, and you can't do that. it's a very difficult and stressful period. one of the things she stressed, obvious, was the need for time and space. and there was an echo there of the princess of wales, diana, in 1993, her famous speech calling for time and space. and catherine added privacy as well she might given recent weeks. neil: you know, i wonder for the monarchy it though, richard, if you think about it as soon as king charles took over, he didn't call it a downsizing as much as a trimming of the staff or at least the number of royals who would be on the sort of public payroll out there in the public venue and all of that. do you think he regrets that now, because he's largely, you know, unable to fulfill all his
7:10 am
duties, very brave in the face of them, the princess as well, you know? obviously, prince william tending the his wife and his kids, it's expected that he's obligated there first. so that kind of limits what they can do right now as the monarchy it. enter yes, you're absolutely right. and they need the slimmed-down monarchy was -- [inaudible] if king charles. i don't know whether they actually ever said it, but everyone assumed he had. and in recent weeks princess anne, his for, relished it because at this -- infer that when harry and mg hand and also andrew -- meghan and also a andrew were active many members of the oi y'all family were carrying out engagements -- this is completely different. there are only four working royals under 70. neil: wow. i didn't know that. richard, i always learn something. thank you very much.
7:11 am
our best to you and your fine people. we've got deputy -- [inaudible] if a medical doctor. the reason why i love having her on is she can hope us with these open-ended issues. doctor, the most obvious being the cancer that she has. we don't know. and much like her father-in-law, the king, we know he has cancer. we just don't know specifically what type. so it makes it hard kind of getting a sense of the treatment plan for the princess. but what do you make of this chemotherapy regimen that she's on right now? >> sure is. so they're using the term preventative chemotherapy. i think looking at the context that they're probably talking about agitant chemotherapy which is where maybe the cancer has been addressed, but you're trying to prevent it from recurring or if you've had surgery and some of the cells that the surgeon can't see because they're microscopic have maybe spread to other parts of the body, but you want the root them out, get rid of them before
7:12 am
they can grow into separate cancers. so i think that's what she's referring to when she says preventative. it's very common for system of these cancers. i think going back to what you were saying about not vealing what type of cancer -- not revealing, there could be orr reasons too. this is a royal family where people look at a every generation, and with cancer there can often be genetic components, family history. so it's possible that if this is the type of cancer that can be spread yet? ically or has genetic markers that she doesn't want her children to be subjected to even more scrutiny than they already are. neil: now, if you don't know exactly what type of cancer she has and we know that she was being treated for the better part of two weeks for stomach-related ail aments and having covered a wide area, but you would immediately start fearing the most extreme type cancers or the most worrisome if ones. for women that would be ovarian cancer, certainly others. what do you think. >>? and about the regimen she's on
7:13 am
and when that will be effective and what it might signal. >> so i usually think about these things in a down canning different ways. -- couple different ways. first, she's very young, so it's unusual for people to get cancer at that age although the numbers have been rising pretty steadily since 1990. i think, you know, the other thing is you wonder if somebody has some other predispositions. i mentioned genetics, but if someone has inflame story bowel disease where they are getting treatment for that, you know, over the course of time and then suddenly they developpens cancer, that's another factor that can affect the prognosis, you know, if they have another chronic condition that they're fighting. when i think about the abdomen, i usually think, well, what else is in there? we think about the gastrointestinal system, your stomach, your intestine, the liver. you can also a think about the reproductive system which is in there like you were mentioning, the ovaries, the uterus. then we talk about the gu system, is that's the kidneys
7:14 am
and the your fors and the balader. but you think about everything that's in there, and then you think about, okay, could something something spread if locally are, how aggressive is it, could it spread further, and then you think about the treatment in terms of that. so if it's pretty hoping arized, people -- localized, people usually have surgery and then they may have other things to supplement that. if it's spread further, you need to do something that will address the cancer potentially that that might have spread e to other parts of the body or throughout the abdomen. neil: doctor, thank you very much. we'll con monitoring the situation with the princess. i'm i'll keep you posted on any if further if developments or updates the man monoaround a key is passing along. speaking of which, the monarchy's a big family, but we are told that when it came to harry and meghan, they found out when we found out. what's that all about? after this. that work better together. like your workplace benefits and retirement savings. voya helps you choose the right amounts without over or under investing.
7:15 am
so you can feel confident in your financial choices voya, well planned, well invested, well protected. we're travelling all across america, talking to people about their hearts. wh-who wants to talk about their heart! how's the heart?
7:16 am
how's your heart? how's your heart? -it's good. -is it? - aah, i don't know. -it's okay. -it's okay! -yeah. -good. -you sure? -i think so. - how do you know? it doesn't come with a manual, and you like ooh, i got the 20,000-day checkup, right? let me show you something. put two fingers right on those pads. look at that! that's your heart! that is pretty awesome. with kardiamobile, you can take a medical-grade ekg in just 30 seconds, from anywhere. kardiamobile is proven to detect atrial fibrillation, one of the leading causes of stroke. and it's the only personal ekg that's fda-cleared to detect normal heart rhythm, bradycardia and tachycardia. what does it feel like to have that peace of mind available at your fingertips anytime you want? that would be great...to know what my heart was doing. kardiamobile is just $79. and when you buy today, you'll also get a free carry pod. get yours at kardia.com or amazon. ♪ believe it or not baby... at university of phoenix... you... you...
7:17 am
you... you could earn your... master's... for under than 11 thousand! 11... yes! 11! master's degree for under 11k in less than a year. some things are too obvious to be a coincidence. earn your competency-based master's at university of phoenix.
7:18 am
>> whenever anybody gets cancer, it's a horrible thing to hear, and i can only imagine what her family's going through right now. >> -- the king as well. i hope he recovers. >> we're always taught to are respect everyone -- >> be kind. >> and be kind -- [inaudible] >> i don't care that she's royal. the fact is that she's a mother, and i want her to get back so that she's there for her children. neil: all right. it's fair to say the british people in a state of shock over the cancer dying know sis we got for the princess -- diagnosis. she's expected to do well, the hope is that she does well but, again, that shock is there. and, of course, multiple shocks for the royal family including king charles himself battling an unspecified cancer himself. carly langston -- charlie langston, good to have you back. what do you make of how the people are reacting here, particularly in britain in you know, this is a young woman here. it's not like the kind of cancer
7:19 am
we found out even about the late queen well after the fact or even what's going on with her father-in-law. he's expected, i hope, to do well with this unspecified cancer. but this hits home to the a lot of people maybe e because she's so young with. >> you know, i think the feeling for most people in britain is one of devastation, sympathy, obviously. everyone is hoping that she gets through her treatment, gets through her chemotherapy and comes out of this other side as healthy as she's ever been. i also think that a lot of people in the u.k. right now are feeling incredibly protective of kate and of william and of their three children. we all saw what happened with those crazy conspiracy theories that took off on social media, and i think many people in the u.k. were quite shocked to see how the world handled the news that kate was going through some health issues, and i mow that everyone i've spoken to is
7:20 am
hoping that her announcement and her brave video yesterday puts an end to all of those the insane is, dramatic rumors and speculation. neil: you know, charlie, it's always different in different countries, and i respect that you know the royal family institution so well, and i'm struck by the difference between the brush people -- the british people kind of accepting the vague nature of this, she has cancer, she's dealing with it just like her father-in-law has cancer, is dealing with it. in our country we're much more merciless about detail, details. i consider the case with the defense secretary, lloyd austin, battling prostate cancer and how much he had released to the public and when, and we were all over that. it's a little different, i understand, in an active government player. the guy leads the strongest military on earth. i get that. there's maybe a different standard for the royals. maybe you can explain that. >> well, i think it's important to keep in mind that historically speaking the royal
7:21 am
family has not shared information about medical issues when it comes to members of the royal family. now, this dates back to a time when kings were leading armies into battle, and any illness would be a sign of weakness. so that kind of philosophy has carried on through the years. and it's only really in the past few years that we've seen the royal family really sharing private information when it comes to medical conditions. so even though people around the world might if say, hey, hang on, with we haven't had enough detail here, as far as the palace is concerned they're thinking, or well, hang on, we've shared more with you than we ever have before, how can you possibly need more. i also think it's porn to note that the -- important to note that the palace has not shared the stage or types of cancer that kate and charles are suffering from because they don't want people to start speculating about survival rates, about statistics or about anything along those lines.
7:22 am
so they have shared as much information as they can without giving people the kind of detail that would allow them to run away with yet more speculation and rumor. neil: real quickly, charlie, we do know that that henry and meghan -- harry and meghan, i should say, issued a very brief statement on this saying we wish health and healing for kate and the family and hope they're able to do so privately and in peace. we're told they found out when the world found out about this. is that true? >> you know, i think that harry and meghan were certainly among the last to know within the royal family. i don't know that they necessarily learned of this from kate's social media post. i think that the likelihood is they will be given with a private heads up. but i think it's really important to keep in mind that this whole incident, kate 's whole health issue will have, for william, reminded him of that rift with harry.
7:23 am
william no doubt be extremely upset and perhaps a bit angry that his e brother is not there for him at a time when he probably needs support more than ever before. if it's like he reminded him of the situation with their mother, and it's just making everything more difficult for him. neil: all right. we'll watch closely, of course. whether this leads to rah rapprochement of the two is anyone's guess. you hope something like that happens. charlie, thank you very much. charlie lank langston. the other crisis halfway across the world concerns this incredding bl terror attack the that has left at least 133 dead outside a moscow concert hall. we're getting more details on that including a promise by vladimir putin to punish the perpetrators who he seems to keep hinting are ukrainian. [background sounds] ]gunfire get a newday 100 va cash out loan at lower mortgage rates to pay off those
7:24 am
high rate car loans. oooo. trouble seeing, buddy? you should book an exam at america's best. america's best. they have one of the nation's largest groups of optometrists! oh, you're ... very welcome. america's best. because eye care is healthcare - and you deserve the best. (♪) there's two things a young man wanna be - a cowboy or a gangster. and a gangster's outta style. i got back to my roots... we come from a long line of cowboys. my grandfather, my great-grandfather, my aunt even rode horses. when i see all of us out here on this ranch, i see how far our legacy can go. (♪)
7:25 am
here's why you should switch fo to duckduckgo on all your devie duckduckgo comes with a built-n engine like google, but it's pi and doesn't spy on your searchs and duckduckgo lets you browse like chrome, but it blocks cooi and creepy ads that follow youa from google and other companie. and there's no catch. it's fre. we make money from ads, but they don't follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today.
7:26 am
7:27 am
neil: all right. crisis aea accelerated in washington for now, at least the latest one, a threat of a potential shutdown that was avoided in the wee hours, the middle of the night. a measure going along in the united states senate to keep the government lights on through at least september 30th. anything could change, but right now it looks okay for that. man, we came close yet again. madeleinely very or rah rah has more from washington. >> reporter: close, indeed, neil. technically, there was a partial lapse in government funding after a midnight, but the white house did not declare a shutdown because the senate passed the sped spending bill a couple of hours later. here's senate majority leader chuck schumer. >> it's no small feat to get a package like done in divided government. these past few months have shown yet again that when bipartisan has room to work, we can e get the job done. >> reporter: the overnight vote
7:28 am
coming after an hours-long standoff on friday. a group of gop senators wanted votes on amendments related to issues like the border, migration and the laken riley act potentially putting vulnerable democrats who are up for re-election year in a tough spot. any changes though would have sent this bill back to the house. lawmakers reached an agreement shortly before midnight, and that allowed them to speed if up the bill's pass an. the $1.2 trillion package funds key agencies including the departments of defense, state and homeland security. the biggest upside to the federal government with, it's now fully funded through the end of the fiscal year but this comes with some degree of political pain if for house speaker mike johnson. angry with how the bill went down in the house, georgia congresswoman marjorie taylor greene began the process of trying to remove johnson. >> republicans had the power of the purse. this was our power, this was our leverage, this is our chance to secure the border, and he didn't
7:29 am
do it. and now this funding bill passed without with the the majority of the majority. >> reporter: greene says her motion to vacate is a warning, a pink slip, if you will, and she hasn't mentioned a time frame as to when or if she'll take next steps. the house out for the next two weeks. neil. neil: thank you very much for that, madeleine. want to go to senator markwayne mullin of oklahoma, what he he makes of all of this. senator, i know you're a senator, so some of the drama in the house you don't have to pay as much attention to, but i'm sure you have some thoughts on this move on the part of at least marjorie taylor are greene to vacate the speaker or much as was done to his are predecessor, kevin mccarthy. what do you think of it all? >> with well, neil, you know i'm very close to my friends in the house. i still go over there quite often. i go to half their caucuses -- or conferences. and marjorie taylor greene is a good friend of mine. i think this is a huge mistake. i believe this causes december function in the house -- disfunk
7:30 am
in the house when it shouldn't be there. speaker johnson is doing the best he could. kevin mccarthy is doing the best he could. the cards are the same. no matter who is speaker, they have to figure out how to govern, and it's not ever going to be easy especially in a very thin majority that speaker johnson and speaker mccarthy both had to deal with. but you have to negotiate. finish and people get confused in washington, d.c. between negotiating and compromising. in business they always say washington, d.c. needs to operate more like a business, but in business you're always negotiating. up here when you start negotiating, they think you're compromising your values, they think you're a sellout, a rino, and what it is is they're trying to keep the government operating moving forward so our adversaries like china can't take advantage of us. and when something like this happens, all it does is cause more dysfunction, so i adamantly disagree with what she's trying to get done here because it seems to me for -- more of a publicity stunt the than a reality on what and and how to move this country forward.
7:31 am
neil: well, you know, the rap against your party, sir, is that you don't know how to negotiate, you're lousy at it. you have a track record where the democrats constantly seem to get the better of you. how do you answer that? >> i think it's because the democrats do a good job about staying together. and the republican party, it's like trying to herd cats. it just -- everybody's going different directions, and it's not wrong with. everybody's independent and that's okay. republicans should be independent-thinking, but once the play call is called, then we all have to run to the line and execute that play call. and we don't do that. sometimes we how perfection to get in the way of good, and there's never a perfect bill. and sometimes my colleagues on the far right of the party,ing they're always looking for perfection or always looking for the hail mary or the home run. and and if out just, it's not ever going to be good enough for some individuals. neil: as a senator, you have a lot to say to weigh in on these
7:32 am
foreign policy issues. and this attack in moscow just the latest where it seems vladimir putinen, senator, is pointing the finger at the ukrainians, making a big deal of the fact of those who were arrested were on their way to ukraine. kyiv, of course, has denied that is the case, but what do you think is festering here, what do you think his next move will be here? >> i think putin is showing himself as a dictator. he knows the truth. he knows good and well this wasn't ukraine. ukraine came out adamantly denied it, isis has already come out and accepted responsibility for it. we actually warned moscow several weeks ago that this was imminent. not possible, imminent. we also put out a warning to all american citizens that were in russia not to go to a maas gatherings. we did that a couple weeks ago. so we had good intel letting them know what was going to happen. putin is trying to cruise this for an opportunity to justify his unjustifiable invasion of ukraine and the killings of innocent people on both sides
7:33 am
from russia to ukraine because with of the war that he started. so he knows the truth. i believe the american people know the truth. unfortunately, he controls the media in russia, and this is just a media propaganda that she's try -- he's trying to spin here. neil: senator, thank you very much. of we'll be monitoring all those developments. very good seeing you again. >> thank you. thanks for having me on. neil: all right. if you think about the week we've just been through, right, you had this incredible scare in moscow, and we still don't know the dimensions of it. you had the government nearly shutting down yet again. you have this tragic news we get on the princess in england. hope everything's going to be okay. again, our markets were okay, markets all over the world remain okay. very resilient in the face of all of this. why is that? probably one of the world's best investors, ken fisher, has some thoughts. he's next. re cashbacking you could earn on everything with just one card. chase freedom unlimited.
7:34 am
so, if you're off the racking... ...or crab cracking, you're cashbacking. cashback on flapjacks, baby backs, or tacos at the taco shack. nah, i'm working on my six pack. switch to a king suite- or book a silent retreat. silent retreat? hold up - yeeerp? i can't talk right now, i'm at a silent retreat. cashback on everything you buy with chase freedom unlimited with no annual fee. how do you cashback? chase. make more of what's yours.
7:35 am
7:36 am
7:37 am
neil: you know, they call them black swan developments, and in the world with of wall street, all of these would have qualified this past week with save maybe the government shutdown threat because we're so used to that. but certainly, this incredibly horror terror attack the in moscow that's already claimed at least 133 lives would qualify as something to worry ab. -- about. obviously, the status of the princess in britain, something to worry about. but apparently not something to sell over, and we see this
7:38 am
oftentimeses with a market that a follows its own direction, movement on other matters but not disturbed by these matters. we often step back and wonder why. enter ken fisher, arguably one of the best investors on the planet, kind enough to join us. of ken, let me get your thoughts on all of that. all of these crises, friday was a bumpy day for the markets, i grant you, but still one of the best weeks we've seen all this year. why are they not going nuts over any of this? >> so, first, or thanks for having me, neil. my voice is a little bit shot as i tried to warn your people. i sound fun funnier right now than i normally sound, and i normally sound funny. neil: hardly. you sound great. good luck. >> so average cupid of returns aren't really normal. normal returns are really egg treatment. and what i -- extreme. and what i mean by that is that
7:39 am
the difference is that you either tend to get negative years which are really not very common, or you get returns over 20 president. 20%. there's actually more of those together by a lot than years between 0-20. the average return of the stock market since accurate data began in 1925 is 10%, but you don't get very many years close to that. you get very few year between 5-10% as i point out in my next new york post column coming out monday. the fact is just think through the last five years. just -- people harp on 2022 being negative, and that's fair enough, a bear market. but then everything else was extreme too. 2019 was 3%, 2021 was 28%. last year was 26%. i hesitate to label anything about the covid year of 2020 as
7:40 am
normal. despite its intrayear volatility, 18% was the closest to the long-term average 10% of any. bull markets climb a wall of worry. they're hugely more positive, good year in the stock market than anything close to average or negative. stocks are volatile. people forget that the 10% long-term average includes the bear market and the average return in bull markets is 23% despite all of everything or that goes on that a scares people all the markets climb a wall of worry. finish. neil: but they keep climbing it, right, ken? and that's what i think con confuses a lot of people. it's been that way even in the face of the israeli war with hamas. stocks are a lot higher from the start of that war than they were they were then. and is we've seen it through some of these latest crises to. now, there are other things, and i guess this notion about the excitement about artificial intelligence, interest rates,
7:41 am
could be just that bull spirit, presidential election year. i get all of that. but what is driving this now, and how long do you think it's going to continue to drive it? >> as john templeton, legendary investor, famously said and as i've said many times on shows for you before, bull markets are born on pessimism, i grow on skepticism, mature on optimism and die on euphoria. bear marks scare us. it takes us a long time to get back to that euphoria. and the fact of the matter is all the negative talk in that goes on during the early to middle phases of bull markets is just getting over that wall with of worry as we already had all of the fear in the prior bear market take our sentiment down so low. markets are driven, and you used the word driven, by the difference between overall
7:42 am
macroeconomic if expectations and overall subsequent macroeconomic realities. when the expectations become lower, all the negative if news doesn't really do any negative churn the stocks because things are going to keep doing better than people expected. they don't have to do great. neil: you know, a lot of people say what's driving this is our excitement with technology. social media with, reddit, of course, which which doesn't make any plunger it's done pretty well on the street -- any money, it's done pretty well on the street. you don't buy that. but that has been what's driving a lot of this -- >> no, no, no, no. neil: i know you say they're not disproportion proportionately represented here, but you don't agree. >> that's just blatantly false if, neil. it's just false. people hard saying that are justifying why they didn't get the existence of the bull market. it's just false. let me take you through this really quickly. if tech -- i mean, tech has done great. the magnificent seven have done
7:43 am
great. something always leads, something always lags. but if this bull market were not a broad bull market, you wouldn't have markets all over the world this year setting new all-time highs including britain, france, italy, spain, including germany, including the netherlands, denmark, including, incolliding, including. some others in lesser or tech like taiwan also doing it -- neil: right. >> but the reality is you wouldn't have non-tech markets hitting all of time highs if it wasn't a broad, full-scale burl bull market -- neil: so you don't see froth the right now, right, ken? you don't seefront or craziness, or you see this continuing, for whatever reason, a while. >> with yes. how long is debatable. let me go back to what i said, bull markets are born on pessimism, mature on optimism and die on euphoria. and you have to look for that part where you begin to see signs of euphoria, and and we're not there. look at all the things people are worried about now.
7:44 am
neil: okay. all right. real quickly on interest rates, everyone seems to be focusing on the fed and promises to cut rate. if hay never did, let's say thaw they don't cut at all this year, does that a change your forecast? >> no. in fact, if if i -- i think that's a historically ignorant view that they have. if you actually look at when the fed has first started cutting rates because the fed's more a reactor, i mean, you know me, i almost never have a good thing to say about central banks. we ought to eliminate them. but put that aside. they're not going to listen to me. when they start cutting rates, usually in history you go into bad times. they're reactors. they're not causers. if they just sit there and and sit on their hands, it's better than most of what they do. the fact is think about this year on the other side of the equation, loan rates have been rising all year while stocks have been doing super great. if you believe what those kind of people believing you'd think
7:45 am
the increase in long rates like the 10 plaintiff year bond rate -- 10-year bond rate would be bad for stocks. but it's just historically. neil: got it. ken, no one better i like to be slapped down by. thank you for coming in on a weekend. appreciate that. >> always great to be with you, neil. neil: all right. ken fisher. fisher investments. so if he's right, nothing to rape on this market parade, but that -- rain on this market parade, but that doesn't mean we can't feel rain, and much of this country, two-thirds of it, is feeling record amounts of it. the latest from adam klotz after this. because of your credit? here's great news. at newday we've been granted automatic authority by the va to make our own loan approval decisions. in fact, if you've had credit challenges and missed a payment along the way, you're more than five times more likely to get approved for the newday 100 va cash out loan. no one knows veterans like newday usa.
7:46 am
buzz baits bobbers. baitcasters, and boat wakes. rod bending , drag screaming, trophy dreaming the fish tales that lured you to go and the stories you'll tell after. if that sounds like where you want to be... then checkout bass pro shops and cabela's spring fishing classic for the biggest fishing & boating sale of the year! save up to an additional $5,000 on the world's leading boat brands during the model year clearance event. plus receive a free gift card up to $2000 with purchase. your adventure starts here.
7:47 am
7:48 am
from pep in their step to shine in their coats, when people switch their dog's food to the farmer's dog, the effects can seem like magic. but there's no magic involved. (dog bark) it's just smarter, healthier pet food. it's amazing what real food can do. only purple's gel flex grid passes the raw egg test. no other mattress cradles your body and simultaneously supports your spine. memory foam doesn't come close. get your best sleep guaranteed right now! save up to $400. visit purple.com or a store near you. ♪ neil: all right, well, don't say that adam klotz didn't warn you that it would be wicked weather this week and for much of this country, particularly along the east coast. rain like they haven't seen in quite some time. adam: am, what are we looking at here in. adam: yeah, neil, it's still working it way across the country. and at this point it's more of a
7:49 am
focus for folks in the mid-atlantic, stretching up into new england. you can see the heavy rainfall from d.c. up to new york. it's running that rain all the way up to boston currently and all of those blues, ultimately winter weather. flood watches are in effect from d.c. including all the a major metro areas, up to boston and bar hour boar, maine. those are the folks that are seeing that really heavy rain. this is the rain that that's still yet to come, and you're seeing some of these yellow areas, 2-3 pin inches of rain still on the way, and it's all happening on this saturday. really going to be an absolute washout for a whole lot of folks. if you're farther north, even though it's spring, it's still looking like winter. these are winner weather advisories,,s winter storm warning across upstate new york, interior new england. everything in the purpose is -- purple is that. there have been reports already many new york state of up to 12-14 inches across portion of the catskills, another foot on the way when you see these pink colors for some of these interior communities, so this is
7:50 am
a big winter weather event even though, or neil, yeah, we say it's spring. still some winter weather out there also. neil: all right, adam, thank you very much, i think. adam klotz following all of that. in the meantime, we're still getting more details on this terror attack in moscow. you know, this has happened before a number of times and not just involving isis, the latest culprit here. you know, you can go back and look at, you know, some of these chechnyan rebels and those urging a succession and rejection of russia, but all while vladimir putin has been leading the country. it's getting attention again and so is putin. after this. to duckduckgo on all your devie
7:51 am
7:52 am
duckduckgo comes with a built-n engine like google, but it's pi and doesn't spy on your searchs and duckduckgo lets you browse like chrome, but it blocks cooi and creepy ads that follow youa from google and other companie. and there's no catch. it's fre. we make money from ads, but they don't follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today.
7:53 am
neil: all right, vladimir putin opinion has responded to that terror attack in russia, first
7:54 am
time we heard from him a couple hours ago saying that the prep traitors -- perpetrators will be punish ed. apparently, at least three were captured, some say as many as half a dozen. we don't know the exact numbers because we have different reports out of moscow on this. the one thing we're hold is -- told that part putin implied ukraine was behind this attack in the first place. of course, the ukrainians say that is not the case. in fact, two weeks ago the u.s. embassy in moscow had warned of an attack that was imminent on large population gathering points including concert halls. with us now is dan can hoffman, former cia station chief in moscow. dan's really brilliant on this stuff. not only because he knows the area, but he knows history. and, dan, you and i were chatting a little bit about this yesterday, but there is an historic pattern here. what's going on? >> there is. russia has suffered lots of terrorist attacks since the beginning of vladimir putin's reign two decades ago.
7:55 am
there was the school shooting and and a theater attack in 2002. there was an attack on the russian embassy in kabul in september of 2022. and the cia helped thwart an attack, a terrorist attack, in st. petersburg by giving russia timely intelligence on a terrorist attack that was planned there. so vladimir putin's regime is squarely in the crosshairs of terrorists. not just chechnyans, but also from isis-k which is active not only in afghanistan, but in central asia. and they're out to setting a score with vladimir putin over his treatment of muslim, over the fact that russia is an ally of iran and engaged in military operations in syria against isis terrorists. neil: dan, what do you make of the timing of this, just days after putin wins another 6-year term? you can question the veracity and accuracy of the vote, but it is what it is. it will make 30 years in power if he completes it.
7:56 am
what do you make of the timing? >> yeah, i was asking myself the same question, it's really hard to know without some interrogation of the terrorists who were involved in this attack. but typically, terrorists will launch the attack when it's ready if give no thought to overall strategic meaning, in this case after an election which putin rigged in his favor. so it's possible that they timed it for after the election. they might well have tried the time the it before the election. they may also have had other targets in mind. i think that's an unknown right now for us, whether this network of terrorists -- and russia has a lot of work to do to uncover the logistical tail behind the attack that took place on friday. there's the potential there were other targets, and that's something that the russian federal security service has to be the concerned about. neil: real quickly, do you think the ukraine inferences are meant to be a distraction? what's worse, could he get worse and even, you know, step up to
7:57 am
offense because of this? >> there's an irony there because it's russia that the has been targeting ukrainian civilians in the maternity wards and hospitals and in their neighborhoods and and killing innocent civilians. those are, you know, terrorist attacks from if ukraine's view. but, look, this is typical vladimir if putin disinformation, obfuscation. the attack was a mass casualty terrorist attack from isis, and i think even as a he tries to blame ukraine, he's only making his own position worse with his own, with his own public and his own security services. neil: wild stuff, dan. thank you so much. you've been a huge help sorting this out for us. in the meantime, we're going to talk a quick break and start our second hour here. we are earning that all public vents -- learning that all public events have been canceled in moscow throughout the weekend and maybe indefinitely and hat the people there are not surprised and they're expected to honor that and then some.
7:58 am
i've got to go. ok. bye. mom! (♪) -thanks mom. -yeah. (♪) ... you were made to dream about it for years. we were made to help you book it in minutes.
7:59 am
we're here with chris counahan of our local leaffilter. so chris, tell us how leaffilter is different from every other gutter protection on the market. with leaffilters, patented filter technology, there are no gaps, no openings, no place for debris to get in at all. and we install leaffilter on your existing gutters. it's a permanent solution. you'll never have to climb a ladder to clean out your gutters again. that's amazing, chris. tell me about the process. simple and easy. just give us a call, set up an appointment. we'll come out and give you a free gutter inspection. if they're sagging, we'll repair them.
8:00 am
if they're broken, we'll replace them. if they're in good shape, our local team will install leaffilter in as little as a few hours. wow. and i understand you guys have a lifetime no clogs guarantee? we do. it's actually a lifetime transferable no clogs guarantee. you know, that's peace of mind and then some. so, how do people sign up? to schedule your free inspection. call 833-leaffilter today our agents are standing by. or visit leaffilter.com.

56 Views

info Stream Only

Uploaded by TV Archive on